1st
LNG liquefaction plant started in 2014.
Papua New Guinea energy report
This analysis includes a comprehensive Papua New Guinea energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Update:
October 2021
Format:
3 files (PDF report, 2 Excel files)
Pages:
25 (Report only)
Delivery:
Immediate by e-mail
Price:
790 €
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Highlights
- The mining and energy sector account for around 30% of the GDP.
- PNG's updated NDC aims for a 78% share of renewables in the installed capacity in 2030.
- Oil Search and ExxonMobil dominate the oil and gas sector.
- Around 2/3 of the power capacity is operated by industrial auto-producers.
- PNG's power grid is fragmented and suffers from frequent outages.
- Since 2014, PNG exports LNG to 4 Asian customers through 20-year contracts, of which half are in Japan.
- Total energy consumption is predominantly made up of oil and biomass. Gas consumption is increasing.
- Arran Energy has control of two main gas fields since 2018.
- Several LNG liquefaction projects are planned. New hydropower projects may add significant capacity in PNG.
x2.7
CO2 emissions per capita since 1990.
78%
capacity from renewables by 2030 according to the last NDC.
Abstract
Institutions & Energy Policy
Papua New Guinea (PNG for short) occupies the eastern half of the island of New Guinea (the western part belongs to Indonesia).
The energy sector is under the control of the Department of Petroleum and Energy (DPE), through two main divisions: Petroleum Division (oil and gas) and Energy Division (electricity and renewables).
Energy Companies
Electricity:
PPL, PNG Power Limited, is the integrated state-owned power company.
Energy Supply
Gas:
Gas production has increased by 5.6%/year since 2015 and reached 12 bcm in 2019. Between 2014 and 2015, gas production doubled.
Energy Consumption
Total energy consumption per capita reached 0.53 toe in 2019. Electricity consumption per capita is around 750 kWh (2019).
Total energy consumption increased by 12% in 2019 to 4.7 Mtoe, driven by high growth in thermal power generation. Energy consumption had previously increased by around 3%/year over 2010-2018. Energy consumption is mainly covered by oil (43%) and biomass (31%).
Issues & Prospects
In the APEC 7th edition of Energy Demand and Supply Outlook report, primary energy demand is projected to increase by 2%/year to 5 Mtoe in 2050 (BAU scenario).
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Below is a list of the Papua New Guinea energy market report graphs:
- GRAPH 1: CO2-energy Emissions (MtCO2)
- GRAPH 2: Installed Electric Capacity by Source (2019, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2019, %)
- GRAPH 5: Consumption trends by energy source (Mtoe)
- GRAPH 6: Total consumption market share by energy (2019, %)
- GRAPH 7: Final consumption market share by sector (2019, %)
In the Papua New Guinea energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
- Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.
The Papua New Guinea energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Papua New Guinea country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Papua New Guinea Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Papua New Guinea energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Papua New Guinea country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
- New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
- Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.
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